Arbor Investment Advisors LLC Sells 5,598 Shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ)

Arbor Investment Advisors LLC decreased its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) by 0.6% during the 4th quarter, Holdings Channel reports. The firm owned 863,662 shares of the company’s stock after selling 5,598 shares during the period. Invesco FTSE RAFI US 1500 Small-Mid ETF comprises about 5.0% of Arbor Investment Advisors LLC’s investment portfolio, making the stock its 6th biggest position. Arbor Investment Advisors LLC’s holdings in Invesco FTSE RAFI US 1500 Small-Mid ETF were worth $35,937,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in PRFZ. Stonebridge Financial Group LLC acquired a new position in Invesco FTSE RAFI US 1500 Small-Mid ETF in the 4th quarter valued at $26,113,000. Traction Financial Partners LLC lifted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 512.9% during the 4th quarter. Traction Financial Partners LLC now owns 106,470 shares of the company’s stock valued at $4,430,000 after acquiring an additional 89,099 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 5.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,277,860 shares of the company’s stock worth $53,095,000 after buying an additional 71,003 shares during the last quarter. EQ Wealth Advisors LLC bought a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the 4th quarter worth $1,991,000. Finally, Strategic Financial Concepts LLC bought a new stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the 4th quarter worth $1,760,000.

Invesco FTSE RAFI US 1500 Small-Mid ETF Trading Down 2.7 %

Invesco FTSE RAFI US 1500 Small-Mid ETF stock opened at $41.19 on Friday. The company has a market capitalization of $2.51 billion, a PE ratio of 17.60 and a beta of 1.19. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 12 month low of $36.12 and a 12 month high of $45.80. The stock has a 50-day moving average price of $42.41 and a two-hundred day moving average price of $42.05.

Invesco FTSE RAFI US 1500 Small-Mid ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.2305 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco FTSE RAFI US 1500 Small-Mid ETF

The Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) is an exchange-traded fund that is based on the FTSE RAFI US 1500 index. The fund tracks a fundamentally-weighted index of 1,500 small- and mid-cap companies in the US that are selected using fundamental metrics. PRFZ was launched on Sep 20, 2006 and is managed by Invesco.